Full-Time
Vice President Risk Management
Confirmed live in the last 24 hours
Fluence
1,001-5,000 employees
Provides energy storage technology and solutions
Senior, Expert
Arlington, VA, USA
Hybrid position based in Arlington, VA.
- Strong understanding of financial statements, credit analysis, and the economic impact of market risks.
- Familiarity with legal and regulatory requirements affecting commercial transactions, including contract law and trade regulations.
- Proficiency in negotiating contracts and agreements while managing risk exposure.
- Strong understanding of risk management principles, frameworks, and methodologies, particularly as they relate to commercial activities.
- Deep understanding of the renewable energy sector, including key market drivers, regulatory challenges, and financial models specific to renewable projects.
- Strong ability to assess complex financial, operational, and environmental risks and develop strategies to mitigate them.
- Ability to align risk management strategies with the company's long-term business objectives, particularly in the context of sustainable growth.
- Proven track record of leading risk management teams and working closely with C-suite executives to shape the company’s risk posture.
- Bachelor’s degree in finance, business administration, engineering, or a related field. A Master’s degree (MBA or related) is preferred.
- Deep familiarity with renewable energy regulatory environments and government policies, both regionally and globally.
- Develop, implement and/or enhance a comprehensive risk framework to assess and quantify risk as well development of plans to mitigate those risks.
- Oversee the identification and assessment of all types of risks including strategic, operational, financial, compliance and reputational risks.
- Implement risk assessment methodologies and tools to quantify and prioritize risks.
- Design and implement effective risk mitigation strategies and controls.
- Monitor the effectiveness of risk management strategies and adjust as necessary.
- Prepare and present regular updates to the Board of Directors, executive management, and relevant stakeholders.
- Foster a risk-aware culture across the organization through effective communication and training programs.
- Develop and maintain crisis management and business continuity plans.
- Lead the response to major risk events, ensuring effective crisis management and recovery.
- Ensure that Fluence stays abreast of industry trends, emerging risks and opportunities.
- Lead, mentor, and develop the ERM team, ensuring they have the skills and resources needed to effectively manage risks and propose strategies to help Fluence achieve its industry leading growth objectives.
- Collaborate with the senior leadership team to integrate risk management into all business processes.
Fluence Energy provides energy storage technology and digital applications specifically designed for renewable energy. Their products include systems that store electricity generated from renewable sources, which can be tailored to meet the needs of various clients, such as utilities, developers, and commercial businesses. Fluence's solutions are comprehensive, offering all the necessary equipment and services to implement energy storage effectively. What sets Fluence apart from its competitors is its focus on optimizing energy storage for demanding industrial applications and its partnership with Siemens and AES, which enhances its credibility and resources. The company's goal is to facilitate the transition to renewable energy by providing efficient and reliable energy storage solutions.
Company Stage
Series C
Total Funding
$250M
Headquarters
null, Virginia
Founded
2018
6 month growth
↑ 2%1 year growth
↑ 27%2 year growth
↑ 48%
Simplify's Take
What believers are saying
- The multiyear agreement with Excelsior Energy Capital to develop 2.2 GWh of battery storage projects in the U.S. starting in 2025 indicates strong future growth prospects.
- Fluence's new digital hub in Bengaluru enhances its capabilities in energy storage optimization, potentially leading to more efficient and reliable energy solutions.
- The $2.9 billion increase in Fluence's pipeline from Q1 to Q2 demonstrates robust demand and a strong market position.
What critics are saying
- Ongoing investigations into potential securities fraud could damage Fluence's reputation and lead to financial penalties.
- The competitive landscape in energy storage is intense, requiring continuous innovation and investment to maintain market share.
What makes Fluence unique
- Fluence's shift to domestic manufacturing in Utah from Vietnam positions it as a key player in the U.S. energy storage market, aligning with national interests in supply chain security.
- The company's focus on energy storage and optimization software, exemplified by its new Remote Monitoring and Diagnostics Center in Bengaluru, sets it apart from competitors who may not offer such comprehensive digital solutions.
- Fluence's ability to secure significant partnerships, such as with Excelsior Energy Capital and SSE Renewables, highlights its strong market presence and reliability in large-scale energy projects.
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